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Future Trend Analysis Report

Prepared for you on Friday, December 3, 2021.

RBOB GASOLINE VS EUROBOB OXY NWE JUNE 2022 (NYMEX:QXER.M22)

Countertrend Down (-85) - QXER.M22 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid QXER.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QXER.M22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QXER.M22
Open High Low QXER.M22 Price Change
7.279 7.279 7.279 7.279 0.000
Entry Signal

MarketClub’s Trade Triangles for QXER.M22

long term down The long-term trend has been DOWN since Aug 20th, 2021 at 8.492

intermediate term down The intermediate-term trend has been DOWN since Aug 16th, 2021 at 9.828

short term up The short-term trend has been UP since Oct 4th, 2021 at 8.627

Smart Scan Analysis for QXER.M22

Based on our trend formula, QXER.M22 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for QXER.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.279 7.279 7.279 7.279 0.000
Prev. Close Volume Bid Ask Time
7.279 0 2021-12-02 00:00:00
Volatility69.45Expiration2022-06-30
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